Category archives: Products

Daily Virtual Steel Mill Report 01/02/24

Verdict: • Short-run Neutral to Bearish.   Macro: • The FOMC indicated an unchanged interest rate at 5.25%- 5.5%, fell into previous expectation. The US Federal believed the interest cut is inappropriate before the inflation rate reached the target area. • The manufacturing PMI reached 49.2%, up 0.2% on the month, indicating a recovery of …

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